Funding you earn now, next payment 00:00 UTC−0.0327%/8h= −35.8% APRpaid last 24h −0.096%
Price spread now: Phemex against Phoenix−0.010%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1011.012% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 3 days (all we have)+0.120%+$12 · spread now −0.010%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix QCOM | 195.96 | 0.0327 | pay 0.0041% / 1h | 50m 25s | $98K | $249K | 10x |
| Short | Phemex QCOMUSDT | 195.94 | 0 | get 0.0000% / 8h | 7h 50m | $1.6M | $966K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Phoenix. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$68.58
- Price spread: −0.010% → +0.006%
- −$1.64
- Slippage, 4 orders
- −$82.2
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$171.42
- Costs to cover
- 1.012%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 19 min ago; Phemex: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 19 min ago | 7.66 bp | 22.0 bp −$22 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.28 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
QCOM on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster QCOMUSDT | 0.0000% | 8h | 195.85 | −0.056% | $18K | $11K | 20x | as long as short |
| OKX QCOM-USDT-SWAP | 0.0000% | 8h | 196.02 | +0.031% | $1.8M | $3.6M | 20x | as long as short |
| Gate QCOM_USDT | 0.0000% | 8h | 195.98 | +0.010% | $4.4M | $3.2M | 50x | as long as short |
| Bitget QCOMUSDT | 0.0000% | 8h | 196.03 | +0.036% | $1.3M | $1.1M | 20x | as long as short |
| SunX QCOM-USDT | 0.0000% | 8h | 195.72 | −0.122% | $618 | $4.8M | 10x | as long as short |
| HTX QCOM-USDT | 0.0000% | 8h | 196.05 | +0.046% | $10K | $10K | 20x | as long as short |
| Phemex QCOMUSDTshort | 0.0000% | 8h | 195.94 | −0.010% | $1.6M | $966K | 10x | |
| Lighter QCOM | +0.0032% | 1h | 195.73 | −0.117% | — | — | 10x | as long as short |
| QFEX QCOM-USD | +0.0040% | 1h | 195.89 | −0.036% | $1.2M | $3.0M | 10x | as long as short |
| Polymarket Perps QCOM-USD | +0.0050% | 1h | 196.04 | +0.041% | $85K | $890K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin QCOMUSDTM | +0.0100% | 8h | 195.90 | −0.031% | $320K | $513K | 20x | as long as short |
| GRVT QCOM_USDT_Perp | +0.0128% | 8h | 196.02 | +0.031% | $6K | $209K | 10x | as long as short |
| Bybit QCOMUSDT | +0.0179% | 8h | 195.92 | −0.020% | $2.0M | $1.7M | 25x | as long as short |
| Injective QCOM/USDC PERP | +0.0220% | 1h | 215.33 | +9.885% | $26K | $25K | 12x | as long as short |
| Variational Omni QCOM | +0.0287% | 8h | 195.92 | −0.018% | $322K | $74K | — | as long as short |
| Phoenix QCOMlong | +0.0327% | 1h | 195.96 | long leg | $98K | $249K | 10x | |
| Binance QCOMUSDT | +0.0327% | 8h | 196.01 | +0.026% | $10.9M | $22.9M | 20x | as long as short |
| Extended QCOM-USD | +0.0328% | 1h | 195.97 | +0.005% | $102K | $306K | 10x | as long as short |
| BloFin QCOM-USDT | +0.0328% | 8h | 195.74 | −0.112% | $127K | $55K | 20x | as long as short |
| tradeXYZ xyz:QCOM | +0.0415% | 1h | 196.09 | +0.066% | $7.2M | $2.2M | 10x | as long as short |
| edgeX QCOMUSDC | +0.0851% | 4h | 195.96 | −0.002% | $82K | $267K | 10x | as long as short |
Phoenix QCOM
Phemex QCOMUSDT
Aster QCOMUSDT
OKX QCOM-USDT-SWAP
Gate QCOM_USDT
Bitget QCOMUSDT
SunX QCOM-USDT
HTX QCOM-USDT
Lighter QCOM
Polymarket Perps QCOM-USD
KuCoin QCOMUSDTM
GRVT QCOM_USDT_Perp
Bybit QCOMUSDT
Injective QCOM/USDC PERP
Variational Omni QCOM
Binance QCOMUSDT
Extended QCOM-USD
BloFin QCOM-USDT
tradeXYZ xyz:QCOM
edgeX QCOMUSDC